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Increasing coating additives demand from major end-use industries such as construction, automotive and furniture are expected to drive the global market growth over the forecast period. Growing multifunctional additives demand is expected to have a positive impact on the global market over the forecast period. Shift in trend towards using aqueous additives as an alternative to solvent based additives is expected to further complement the global market growth.

Global prevalence of chronic obstructive pulmonary disorder (COPD) is the major driver for oxygen therapy market. Oxygen therapy is one of the leading treatments for the patients suffering from various conditions resulting from oxygen deficiency including chronic obstructive pulmonary disorder. It is not restricted to the elderly but people above the age of 65 are at a greater risk to develop the disease.